Service tax payment under reverse charge on rent a cab service
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....ervice tax payment under reverse charge on rent a cab service<br> Query (Issue) Started By: - SANDESH SHINDE Dated:- 8-10-2014 Last Reply Date:- 14-10-2014 Service Tax<br>Got 1 Reply<br>Service Tax<br....
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....>Dear Sir, AS PER NOTIFICATION 10/2014 DATED 11.07.2014 IS SERVICE RECEIVER W.E.F 01.10.2014 WILL BE LIABLE TO PAY SERVICE TAX UNDER REVERSE CHARGE BASIS ON RENT A CAB SERVICE ON 50% OF THE BILL AMT ....
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....EVEN IF SERVICE PROVIDER IS CHARGING ON 60 % OR NOT CHARGING SERVICE TAX AT ALL.PLEASE EXPLAIN , THANKS and REGARDS. Reply By Pawan Kast: The Reply: Dear Sir, In this notification only payment of s....
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....ervice tax was changed and all other provisions are as it is, means in earlier provisions if service provider were not paid charged service tax in invoices than service receiver should pay 100% se....
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....rvice tax on value of services received and if service provider is Paid service tax than service receiver should pay service tax on 40% value of total services, and as per new provisions if servi....
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....ce provider is not paid service tax than service receiver should pay service tax on 50% value of services only and even if service provider is paid service tax on 60% value than service receiv....
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....er should pay service tax on 50% value of 40% of total service provided.<br> Discussion Forum - Knowledge Sharing ....
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